Howden Air and Gas India Private Limited

Howden Air and Gas India Private Limited - machinery and equipment in Kancheepuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U28299TN2002PTC048938 Incorporated 15 May 2002 ROC Chennai HQ Kancheepuram, Tamil Nadu, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹435.24 Cr
▲ 4% YoY
Net profit · FY 2025
₹13.58 Cr
Net margin 3.1%
EBITDA · FY 2025
₹57.1 Cr
EBITDA margin 13.1%
Authorised capital
₹285 Cr
Registered with MCA
Paid-up capital
₹267.33 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Employees · EPFO
178
Provident fund records

About Howden Air and Gas India Private Limited

Data last updated:

Howden Air and Gas India Private Limited is a private limited company based in Kancheepuram, Tamil Nadu, India, a subsidiary of Howden International Holdings Bv. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 May 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28299TN2002PTC048938. Its GSTIN is 33AAACF6153G1ZY (Tamil Nadu). The company holds 9 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹285 Cr and a paid-up capital of ₹267.33 Cr. It was formerly known as Solyvent Flakt (India) Private Limited and Flakt (India) Limited. It is led by directors including Parvesh Mittal (Managing Director) and Amit Khanna.

Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077.

As per the financials filed for FY 2025, the company reported a revenue of ₹435.24 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Cr (net margin 3.1%) and EBITDA of ₹57.1 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 28% over five years.

The company has about 178 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website howden.com.

Company details

CIN U28299TN2002PTC048938
Registration Number 048938
Incorporation Date 15 May 2002
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2024
Date of Balance Sheet 31 March 2024
Parent Company Howden International Holdings Bv
Compliance Status Active Compliant

Name history

Howden Air and Gas India has undergone 4 name changes throughout its history. The current legal name is Howden Air And Gas India Private Limited.

Company NameStatus
Howden Air and Gas India Private LimitedCurrent
Solyvent Flakt (India) Private LimitedPrevious
Flakt (India) LimitedPrevious
Flakt (India) Private LimitedPrevious
Howden India Private LimitedPrevious

CIN history

Howden Air and Gas India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28299TN2002PTC048938, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28299TN2002PTC048938Current
U29199TN2002PTC048938Previous
U29199TN2002PLC048938Previous

Contact details

Howden Air and Gas India Private Limited's registered office is in Kancheepuram, Tamil Nadu. Its website is howden.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    No.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Howden Air and Gas India Private Limited, buy the company report.

Comprehensive company report
Howden Air and Gas India Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Howden Air and Gas India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Howden Air and Gas India Private Limited, buy the company report.

Financials of Howden Air and Gas India Private Limited

FY 2024 filings available

Howden Air and Gas India Private Limited reported revenue of ₹435.24 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹435.24 Cr ▲ 4%
Net profit · FY 2025
₹13.58 Cr margin 3.1%
EBITDA · FY 2025
₹57.1 Cr margin 13.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 22%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 173%
5 years · compounded
▲ 40%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 4% growth in the latest year. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹57.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.58 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.1%
Net Profit Margin3.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Howden Air and Gas India Private Limited, buy the company report.

Board of directors of Howden Air and Gas India Private Limited

Howden Air and Gas India has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit KhannaDirector28 Jun 20242 Years 4 MonthsCurrent
Marius Ferdinand BotesAdditional Director19 Nov 20241 Years 11 MonthsCurrent
Parvesh MittalManaging Director23 Aug 20215 Years 2 MonthsCurrent
Prasenjit ChattopadhyayAdditional Director15 Oct 20251 Years 0 MonthsCurrent

Peer comparison

Howden Air and Gas India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kusalava International Limited₹442.06 Cr (FY 2025)4.0%Adavinekkalam, Andhra Pradesh, India
Howden Air and Gas India Private Limitedthis company₹435.24 Cr (FY 2025)₹13.58 Cr3.1%4.0%178Kancheepuram, Tamil Nadu, India
Ebm-Papst India Private Limited₹427.29 Cr (FY 2025)30.0%Chennai, Tamil Nadu, India
Laxmi Hydraulics Pvt Ltd₹420.62 Cr (FY 2025)10.0%Solapur, Maharashtra, India

To see the full peer comparison of Howden Air and Gas India Private Limited, buy the company report.

Auditor

Howden Air and Gas India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & SellsFY 2024008072S

Shareholding

The shareholding of Howden Air and Gas India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Howden Air and Gas India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
None
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Sep 2020100431621The Hongkong and Shanghai Banking Corporation Limited₹1.5 CrOpen

To see the full charge records of Howden Air and Gas India Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

Howden Air and Gas India Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 161 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 59)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Om Industries
Light Industries
Sharp Designers and Engineers India Private Limited

To see the full MSME payment records of Howden Air and Gas India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Howden Air and Gas India Private Limited has a workforce of 178 employees on its EPFO records as of Aug 07, 2025, across 2 active EPFO establishments.

Employee count
178
Active EPFO establishments
2
Employee growth
2.89%

GST

Howden Air and Gas India has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
5
Cancelled / inactive
4
GSTINStateStatusRegistered on
33AAACF6153G1ZYTamil NaduActive01 Jul 2017
33AAACF6153G2ZXTamil NaduActive22 Mar 2025
19AAACF6153G1ZOWest BengalActive01 Jul 2017
09AAACF6153G2ZOUttar PradeshActive13 Jul 2022

To see the full GST registrations and return filing status of Howden Air and Gas India Private Limited, buy the company report.

Recent activity

Howden Air and Gas India Private Limited has 20 board changes on record since 2011: 4 appointments and 16 cessations. The latest: Prasenjit Chattopadhyay was appointed as Additional Director on 15 Oct 2025.

Appointed
Prasenjit Chattopadhyay was appointed as Additional Director.
Appointed
Marius Ferdinand Botes was appointed as Additional Director.
AGM
Howden Air And Gas India Private Limited last Annual general meeting of members was held on 30 Oct 2024 as per latest MCA records.
Ceased
Amit Khanna ceased to be Additional Director.
Appointed
Amit Khanna was appointed as Director.
Filing
Howden Air And Gas India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Thirumurugan Duraisamy ceased to be Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.50 Cr registered on 08 Sep 2020 with Charge ID 100431621 was modified on 04 Mar 2022.
Appointed
Parvesh Mittal was appointed as Managing Director.
Ceased
Martinus Henricus Zijlmans ceased to be Director.
Ceased
Ramon Van Waas ceased to be Additional Director.
Ceased
Shirish Manohar Uplenchwar ceased to be Additional Director.

13 earlier events are in the company report.

Frequently asked questions

Howden Air and Gas India is an active private limited company based in Kancheepuram, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 May 2002 (24+ years old) and is registered under CIN U28299TN2002PTC048938.

Howden Air and Gas India has 4 current directors:

The latest financial statements of Howden Air and Gas India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 October 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Howden Air and Gas India is 33AAACF6153G1ZY, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAACF6153G2ZX (Tamil Nadu), 19AAACF6153G1ZO (West Bengal), 09AAACF6153G2ZO (Uttar Pradesh).

The CIN (Corporate Identification Number) of Howden Air and Gas India is U28299TN2002PTC048938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Howden Air and Gas India has 15 court cases on record: 9 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.

Howden Air and Gas India was incorporated on 15 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Howden Air and Gas India by revenue are Kusalava International Limited, Ebm-Papst India Private Limited, Laxmi Hydraulics Pvt Ltd, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Prasenjit Chattopadhyay was appointed as Additional Director on 15 Oct 2025. Marius Ferdinand Botes was appointed as Additional Director on 19 Nov 2024. Amit Khanna ceased to be Additional Director on 29 Oct 2024. Howden Air and Gas India has 20 board changes on record in total.

Howden Air and Gas India has 6 MSME Form 1 returns on record between 2022 and 2024, listing 161 overdue payments to 59 micro and small suppliers. The latest return was filed on 01 May 2024.

Howden Air and Gas India can be reached through the website howden.com. Its registered office is in Kancheepuram, Tamil Nadu, India.

The registered office of Howden Air and Gas India is at No.147 Poonamalee High Road Numbal Vil Kancheepuram D.T., Tamil Nadu, India – 600077.